Major Rating Factors:
Fair overall results on stability tests (3.6 on a scale of 0 to 10). Good quality investment portfolio (6.1) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but no exposure to junk bonds. Weak profitability (2.7) with operating losses during 2024. Return on equity has been low, averaging -0.9%.
Other Rating Factors:
Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.7).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (100.0%)
Licensed in:
FL
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Lifetime Healthcare Inc
Investment Rating
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Company Address
1800 Pembrook Drive Suite 300
Orlando, FL 32810
Orlando, FL 32810
Phone Number
(585) 238-4464
NAIC Number
12967
Website
Largest Affiliates